TNOTE10 Long. Due to low interest rates, which according to the Fed should not rise in the coming years, further growth of government bonds can be expected. Analysts alike expect the price of bonds to rise as the stock price falls. Coronavirus nervousness in the markets plays into our hands in this expectation. Technically, we are on the support of an ascending triangle and the probability of reflection is on our side.
Chart and Table source: WebTrader